Harvard Business

MAY 17, 2017

As a result, when companies are hacked, it can take days for information technology teams to isolate infected systems, remove malicious code, and restore business continuity. But they continue to operate and communicate with other systems until information technology teams shut them down and correct the malfunction.

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Harvard Business

JULY 5, 2018

The GE conglomerate combined a wide range of industrial businesses under one roof. Simplifying a bit, the chief explanations were these: First, that GE benefited from scale and dominant market positions in industrial businesses. Although China is the most important example of this strategy today, the idea is not new.

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Harvard Business

JUNE 29, 2016

Drone-mounted sensors can be used to capture an impressive array of data, paving the way for increased digitalization of industrial processes. Leaders across a spectrum of industries are already availing themselves of drone-based data. Other industries are being persuaded by the cost and safety benefits of drone-based data as well.

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Harvard Business

DECEMBER 6, 2018

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. System Development Time. First, there is the time required to develop AI systems.

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Harvard Business

MARCH 31, 2017

These firms are likely to have already established the organizational structures needed to nurture and spread new technologies and business approaches. And they have well-honed approaches for developing the requisite new skills in employees. Both firms are actively undertaking cognitive technology initiatives. Insight Center.

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Harvard Business

FEBRUARY 26, 2018

In contrast, industrial giant GE’s stock price has declined by 44 % over the last year, as news emerged about its first losses in last 50 years. Why do investors react negatively to financial statement losses for an industrial firm but disregard such losses for a digital firm?

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Harvard Business

OCTOBER 18, 2016

For example, some may provide a source of competitive differentiation like the investment that German manufacturer Bosch is making in its internet of things (IoT) data platform. For example, it might be a new business model shaped by digital. Note that whether the technology used is “leading edge” is secondary.

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Harvard Business

JULY 6, 2016

By doing so, they are testing the limits of the potential power of repurposing online retail innovations that consumers have become accustomed to in varied industries and potentially revamping healthcare in the process. How Digital Business Models Are Changing. Sponsored by Accenture. No strategy is static.

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Harvard Business

APRIL 20, 2016

Agile has indisputably transformed software development, and many experts believe it is now poised to expand far beyond IT. Shewhart taught this iterative and incremental-development methodology to his mentee, W. Teams using agile methods get things done faster than teams using traditional processes. They keep customers happier.

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Harvard Business

MARCH 9, 2018

The company created impressive digital capabilities, labeling itself a “digital industrial” company, embedding sensors into many products, building a huge new software platform for the Internet of Things, and transforming business models for its industrial offerings. And now it’s happening with digital transformation.

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Harvard Business

JANUARY 31, 2017

billion, including most major firms in the manufacturing, consumer packaged goods, financial services, and retail industries. Within the core business, digital technologies are fundamentally changing the way Honeywell creates and captures value for its industrial customers through new efficiencies and services that unlock new value.

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Harvard Business

APRIL 13, 2016

Some have responded by developing a concept known as “ ambidexterity ,” an organizational capability of fulfilling both managerial imperatives at once. Managers exploiting current businesses develop mindsets based on what they have experienced in the past. Andrew Nguyen/HBR STAFF.

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Harvard Business

MARCH 2, 2018

The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. Patients are co-designers, co-developers, and increasingly more responsible for their own and collective health outcomes. Bogdan Dreava/EyeEm/Getty Images.

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Harvard Business

NOVEMBER 21, 2016

As research we’ve conducted across industry and academia shows, companies have an unprecedented opportunity to tap ongoing advances in AI and machine learning research to reinvent business processes. The fashion industry is no stranger to fast cycles of learning. Or knowledge about a client’s age?

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Harvard Business

OCTOBER 12, 2016

Drawing from these examples, we also hope to provide some advice on how to deal with the increasing number and variety of cybercriminal gangs. This information will help companies understand who the criminals that might target them are, what they are attacking, and how they are evolving.

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Harvard Business

MAY 30, 2017

health care system, a new wave of analytics and technology could help dramatically cut costly and unnecessary hospitalizations while improving outcomes for patients. In response, hospitals are increasingly making analytics and new technologies an integral part of hospital operations.

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Harvard Business

OCTOBER 19, 2016

In the simplest case, cognitive technologies can be just more autonomous extensions of traditional analytics — automatically running every possible combination of predictive variables in a regression analysis, for example. ” Mostly Buy. Use an existing vendor’s software with cognitive capabilities. Go big with Watson.

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Harvard Business

OCTOBER 20, 2016

If more of them can be identified, developed, and appointed, we believe the whole education system will improve. By background they are normally Information Technology or Chemistry teachers (95% in our study), who have often moved out of the classroom to manage support staff early in their career. Five Types of Leader.

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Management Consulted

OCTOBER 18, 2013

IBM was founded in 1911 and has a rich history of ingenuity, deep convictions, premier research and development, and trend setting. These services focused on business management and information technology. Information Technology. These projects come from a wide variety of industries and nations.

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Harvard Business

NOVEMBER 23, 2016

For example, Anheuser-Busch, working with Uber (and Otto), just delivered 2,000 cases of Budweiser in a self-driving truck. To figure out how to effectively integrate software robots and digitization, executives can take some cues from the automotive industry. So early preparation is needed. Lessons from automakers.

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Management Consulted

JULY 12, 2015

Some examples include nationwide HIV prevention trials and the “ZdravReform” project of 1994, which was designed to strengthen the health systems of newly independent states such as Russia and Belarus. Information Technology Applications. Industries . As growth march on, Abt continued to win significant contracts.

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Interviews Culture Case Interview Resumes 100

Harvard Business

NOVEMBER 5, 2018

Productivity in the United States’ health care industry is declining — and has been ever since World War II. Labor is the industry’s single largest operating expense, with six out of every 10 people who work in health care never interacting with patients. Westend61/Getty Images.

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Harvard Business

OCTOBER 5, 2017

Across industries and across countries, a small number of “superstar” firms are pulling away from the competition. One answer to that first question shows up in study after study: superstar firms are succeeding in large part due to information technology. They’re more productive, as the chart below illustrates.

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Harvard Business

APRIL 26, 2018

In 1997, health information technology and digitial health pioneer Warner Slack wrote his bold and prophetic book, Cybermedicine: How Computing Empowers Doctors and Patients for Better Care. An example is TigerText , CareMore’s new secure platform for clinical team communication and collaboration. Jamie Jones/Getty Images.

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Harvard Business

MARCH 19, 2018

A lot of money has been spent on information technology in health care with little to show for it. Industrial companies figured this out 50 years ago. Examples of these systems include electronic alerts for medication interactions and reminders to ensure all steps in the care process for the pneumonia patient are followed.

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System Automotive Data Information Technology 32

Harvard Business

APRIL 13, 2017

Cognitive computing and artificial intelligence (AI) are spawning what many are calling a new type of industrial revolution. While both technologies refer to the same process, there is a slight nuance to each. How it will impact business, industry, and society. A cognitive system can perceive and infer, reason and learn.

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Harvard Business

APRIL 19, 2016

In virtually every advanced field, whether it’s information technology, biotechnology, agriculture, or renewable energy, America holds a leading position. They are founded on new principles and new conceptions, which in turn are painstakingly developed by research in the purest realms of science.”

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Harvard Business

MAY 4, 2016

Economists developed the theory of network effects in the 1970s and burnished it in the 1990s, and business gurus, entrepreneurs, and the tech media enshrined it as one of the guiding lights of the new economy. In the past, network effects were hard to reverse in industries that relied on physical networks such as railroads and telephones.

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Advertising Marketing Information Technology Information Technology 28

Harvard Business

AUGUST 7, 2017

In my experience with dozens of organizations implementing IoT solutions, those that achieved their expected ROI changed their traditional business approaches in one or more of the following ways: They Developed a Partner Ecosystem. ” There are several strategies that can be used to develop IoT talent. The reason?

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Harvard Business

SEPTEMBER 7, 2017

Whether improving omni-channel commerce or developing digital extensions to product lines, businesses are working out how to drive profitability through digital. For example, it has five times more Facebook “Likes” than United and more than two times those of American and Delta. This is where it gets interesting for U.S.

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Harvard Business

JUNE 13, 2017

Turn to Estonia for an example of a digital transformation of the social infrastructure. Globally, these types of changes will be most effective when they’re supported by a legal and policy framework that reinforces the technology, particularly for issues of security, privacy, and resilience. Estonia has only 1.3

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Transportation Government Enterprise Data 28

Harvard Business

MARCH 6, 2017

Let’s start by examining the potential effects of this on an industry that touches all of our lives – banking. The banking industry is filled with shared resources. The decentralization that blockchain provides would change that, which could have huge possible impacts for economies in the developing world.

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Banking Accenture Industry Productivity 40

Management Consulted

NOVEMBER 2, 2015

Eight years later Marwick, Mitchell & Company launched a banking practice, for the first time focusing its efforts on one industry in an effort that proved to be very successful. This boom was caused by increasingly complex tax laws, securities laws, and industry regulations. Technology Innovation. Information Technology.

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Interviews Culture Consulting Case Interview 100

Harvard Business

NOVEMBER 19, 2018

But the rise of big companies — and the resulting concentration of industries, profits, and wages — goes well beyond tech firms and is about far more than antitrust policy. What’s Driving Industry Concentration. Most industries in the U.S. ” Its appetizer seems to have been smaller companies.

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Harvard Business

MAY 3, 2018

But as the digital revolution continues to spark widespread disruption in other industries — automotive, financial services, health care, and retail — who will win? The contest is now shifting toward more-traditional industries, like transportation (Lyft and Uber, for example) and hospitality (Airbnb).

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Harvard Business

MAY 4, 2017

It has benefited the tech industry enormously, and other sectors, including health care, science, and finance, have also used it to fill gaps in their workforces. The order is the latest development in a long-running debate over how companies use the H-1B program and how it affects American workers. But in April, just after U.S.

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Harvard Business

JUNE 7, 2017

For example, directors of auto manufacturers and auto parts suppliers will need to understand how shared and autonomous mobility will accelerate electrification of the transportation sector, affecting car sales. As our economies adapt, investors need to improve their practices in order to safeguard their portfolios.

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Energy Transportation Information Technology Information Technology 28